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Mali is Poised to be a Leader for DFS in West Africa

“Financial inclusion means economic empowerment, particularly for women, rural communities, and the poor. Financial services offered through electronic means, like mobile phones, are key contributors to that vision.” Paul Folmsbee, U.S. Ambassador to Mali, shared this in Bamako this past October. He was speaking before a workshop of 144 people on digital financial services (DFS) organized by USAID.

FIELD Report No. 19: Assessment of Remittances in Honduras

Remittances provide a critical source of income for hundreds of thousands of Honduran households. Honduran migrants sent over $2.96 billion in remittances in 2012, accounting for 15.7 percent of the country’s GDP. This FIELD Report explores the role of remittances along Honduras’ Corredor Seco (“Dry Corridor”), a geographic region in Western and Southern Honduras stretching from Guatemala to Nicaragua along the El Salvador border.

Migrant Remittances Newsletter May 2011

This issue features an analysis of Cuba, Western Union’s thoughts on public-private partnerships, and new research on how skilled migrants promote home country development.